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Mr Scindia after selling 5.5% stock at R...

Mr Scindia after selling 5.5% stock at Rs. 92 realizes Rs. 32200. Then he invested `(1)/(3)` of the amount in 4.5% stock at Rs. `92, (2)/(5)` of the amount at Rs. 115 in 5% stock and the remaining in 6% stock at Rs. 56. The change in his income is :

A

₹ 56 loss

B

₹78 profit ₹ 80 profit

C

₹ 80 profit

D

₹ 70 loss

Text Solution

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The correct Answer is:
C
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